Blackstone's $400M PNM Deal Under Fire

Blackstone’s $400 million stock purchase of New Mexico’s major electric utility, PNM, is under fire after regulators say the deal bypassed required state approval — potentially violating New Mexico law and sparking a showdown over whether the transaction should be undone. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/5189402190198daf